Mulally has no intentions of retiring before bringing Ford to sustained profitability

Posted: Jul 30, 2009
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Many FoMoCo executives have typically retired by the age of 65 and one of our favorite automotive executives, Ford’s CEO Alan Mulally, is turning 64 next month. However, Mulally has no intention of retiring before bring Ford back to sustained profitability.

“As long as I’m contributing, I’m honored to serve Ford,” Mulally said. “But I’m one person on a fabulous team.”

While that may true, Mulally is known as an automotive celebrity on Wall Street, with many analysts and investors worrying about Ford’s future without him.

Ford, the only American automaker that has yet to received any bailout money, surprised Wall Street with a $2.3 billion second-quarter profit last week.

- By: The Daily Auto Editor

Source: Detroit News


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  • zermatt

    This is all code for my stock options, restricted stock and deferred income plans require that I work for another 3 to 5 years before I can cash them in.

    Golden handcuffs are the worst.

  • zermatt

    This is all code for my stock options, restricted stock and deferred income plans require that I work for another 3 to 5 years before I can cash them in.

    Golden handcuffs are the worst.